Lightwave Logic Inc (LWLG)

[oddone33320]

Think we've seen this statement before, probably with prior years inserted where 2013 is stated:

"Our cash requirements are expected to increase at a rate consistent with the Company’s path to revenue growth as we expand our activities and operations with the objective of commercializing our electro-optic polymer technology during 2013."


However, I believe the piece below is new and I have to wonder if the company will just let those warrants expire since they can only be exercised between $1 and $1.25. September 15 is only a month away:

"Additional funding may also be provided by the exercise of 1,178,750 outstanding warrants at an exercise price of $1.00 and $1.25, which may raise additional capital up to approximately $2,285,000. The 1,178,750 warrants expire on September 15, 2013."